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Aban Offshore announces receipt of firm orders from ONCG

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Capital Market

Worth Rs 1114 crore

Aban Offshore announced the receipt of the following orders:

1. Firm Order from ONGC for the deployment of jack-up rig Aban IV for a period of 3 years. The total value of this firm order is approximately USD 91.33 Million (equivalent to INR 557 crore). Contract is expected to commence during the first quarter of calendar year 2015.

2. Firm Order from ONGC for the deployment of jack-up rig Aban III for a period of 3 years. The total value of this firm order is approximately USD 91.33 Million (equivalent to INR 557 crore). Contract is expected to commence during the first quarter of calendar year 2015.

 

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First Published: Oct 10 2014 | 11:35 AM IST

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